Yeah theirs a bit of that. Plus the Tory lurch to the right has gone off the charts.
In fairness to many off the journos working there the Financial Times has sailed its own boat for a while. Journalists such as Sarah O'Conner has taken a knife to the Conservatives employment, growth policies for years. She and others at the paper supported Corbyn on the much criticised (at the time) free broadband policy. Another of their journos broke the big David Cameron/Greenhill scandal which helped start the demise of Johnson.
It's been reported that Murdoch rarely reads nor takes much interest in the financial paper, unlike the big political shakers and movers in the main paper, which he watches like a hawk.